Presented byNicole Vargas |
Eastern Outlying Submarket offering 64 acres (MOL) of agricultural land that is just waiting to be developed allowing for an excellent opportunity for future projects. One vision might look like creating an expansive Estate Home community with large parcels of land that lends itself to an Equestrian Lifestyle allowing for all the creatures and the creature comforts of elegance and freedom. Current AR code allows for a variety of crops & cattle, (1) home per every five acres. Other options could be: Schools K through 12, Game Preserve, or Public Park & Recreational Facilities, Buyer to confirm with County allowable uses. Informal Wetland Study (2022), and Feasibility Study (2023), on file. 57. 53 (MOL) acres of the land is deemed as "uplands". 5. 95 acres (MOL) of the land is classified as wetland and/or surface waters, which may be subject to certain regulations and restrictions. However, these wetlands can provide unique opportunities for nature lovers, such as wildlife viewing, birdwatching, or hiking trails. The property provides a sense of privacy and seclusion, while still being within a short driving distance to all major amenities. And, an approximate 30-40 minute drive to Tampa International Airport, Channelside, Downtown Tampa, Armature Works, Straz Center, Tampa University and more. Surrounded by nature parks such as; Chito Branch Reserve, Alafia River State Park, Lithia Springs Park and Fishhawk Trails. Brandon & Plant City approximately 20 minutes (give or take). Develop a Little Piece of Florida Now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,100,000
William Raveis Real Estate
Phone: 978.995.0316
Nicole.Vargas@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,480,000 | $2,480,000 | $2,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.825% | 6.864% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,708 | $16,085 | $21,946 |
Total Monthly Payment | $16,833 | $16,210 | $22,071 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.